PTT Public Company Limited
 |
|
| Public | |
| Traded as | : PTT |
| Industry | Oil and Gas |
| Founded | 29 December 1978 (as Petroleum Authority of Thailand) |
| Headquarters | 555 Vibhavadi Rangsit Rd, Chatuchak, Bangkok, Thailand |
|
Key people
|
Mr Tevin Vongvanich, President and CEO |
| Products | Oil, Natural Gas, Petrochemical |
| Revenue |
 US$93.55 billion (2014) |
 US$1.5 billion (2014) |
|
| Total assets |
US$50.5 billion (2014) |
| Total equity |
US$19.8 billion (2014) |
| Owner |
Ministry of Finance (51.1%) Krung Thai Bank (7.4%) |
|
Number of employees
|
9,015 |
| Subsidiaries |
PTT Exploration and Production PTT Global Chemical Public Company Limited Thai Oil IRPC Cove Energy plc Global Power Synergy PTT Philippines Corporation |
| Website | www |
PTT Public Company Limited or simply PTT (Thai: ปตท) is a Thai state-owned -listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses.
Affiliated companies include PTT Exploration and Production, PTT Global Chemical, PTT Asia Pacific Mining, and PTT Green Energy.
PTT is one of the largest corporations in the country and also the only company from Thailand listed in Fortune Global 500 companies. The company ranks 81st among top 500 on the Fortune 500, and 180 on the Forbes 2000.
In February 2015, PTT Exploration and Production reported its first quarterly net loss in 16 years, with a reported net loss of US$739 million for the October–December 2014 quarter.
PTT owns 45.4 percent of Sakari Resources, a Singaporean coal mine operator. PTT launched a takeover bid for the company on 27 August 2012. PTT is offering US$959 million for the remaining shares that PTT does not already control.
In 2012, PTT Exploration and Production (PTTEP) took over Cove Energy PLC, which owned an 8.5 percent share in a huge natural-gas field offshore Mozambique.
...
Wikipedia